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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Manufacturing properties
610 Mtn Vw Ave 612 Belmont, CA 94002-2533
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-1979426
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1955
Total area
5,631 SF
Lot
0.22 ac (9,462 SF)
Zoning code
C40000
APN
040-261-380
UPID
US09-1979426
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Quality Striping Inc. General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$1.79M
Owner & transaction history
Teri Seright Revocable Living Trust
Teri Seright Revocable Living Trust
since 2025
7 recorded transactions
Zoning & alternative use
C40000 · Belmont, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.9M
+55.4%
Commercial (general)
$2.6M
+41.2%
Auto repair, garage
$2.6M
+38.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,845,000
Current use
RETAIL STORES
$2,865,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,600,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,560,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$2,155,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$318 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$17,415
Tax year 2024
Assessed value
$1,386,668
Assessed 2024
Previous assessed
$1,386,668
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$693,334
Assessed improvement
$693,334
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1955
Heating
NONE
Stories
1
Total area
5,631 SF
Lot
0.22 ac (9,462 SF)
Zoning code
C40000
APN
040-261-380
UPID
US09-1979426
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C40000 · Belmont, CA
Zoning C40000 · permitted uses
C40000 · Belmont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Teri Seright Revocable Living Trust
Trust
Free & Clear · 0 yrs held
Mailing address
3364 MARISMA ST, SAN MATEO, CA 94403-3009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
—
Teri Seright Revocable Living Trust
Teri L Seright
Deed
related
—
Jul 13, 2017
—
Teri L Seright
—
Deed
related
$254,000 · American Securities Company
Oct 23, 2012
—
Teri L Seright
Seright,michael R
Affidavit Of Death
related
—
Feb 9, 2006
$1,035,000
Michael R Seright
Gary W Ernst
Individual Deed
$550,000 · Luther Burbank Savings
Nov 10, 2005
$237,500
David B Newman
Reich,john
Quit Claim Deed
related
—
Nov 10, 2005
—
David B Newman
Newman,denise M
Quit Claim Deed
related
—
May 30, 1997
$430,000
D & J Tile Co
Myre,magnar & Judith
Grant Deed
$380,000 · Seller
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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